As Nigeria joined the rest of the world to commemorate the 2019 Zero Discrimination Day against Persons Living With HIV/ AIDS, PLWHA, the Nigerian Business Coalition Against AIDS, NIBUCAA in collaboration with HACEY Initiatives, has highlighted the urgent need to take action against laws which exclude persons living with HIV/AIDS from essential services or subject … Read more
The US Federal Aviation Authority (FAA) has said it will not suspend Boeing 737 Max aircraft despite mounting pressure from senators and workers’ unions. The FAA said a review showed “no systemic performance issues” and there is no basis for grounding the aircraft. An Ethiopian Airlines plane crashed on Sunday killing all 157 people on … Read more
The downward trend of the Nigerian Stock Exchange (NSE) which followed the announcement of the presidential election two weeks ago persisted yesterday with investors losing N108 billion. Trading results showed that market capitalisation which represents investors’ worth on the Exchange declined by N108 billion to close at N11.797 trillion from N11.905 billion on Friday. Similarly, … Read more
The federal government needs to do more than improving the nation’s Ease of Doing Business (EoDB) ranking to attract Foreign Direct Investment (FDI). Analysts at Lagos-based investment firm, Afrinvest Plc, stated this stressing that attaining higher World Bank’s Ease of Doing Business (EoDB) ranking is insufficient to attracting foreign direct investment (FDI). They stated … Read more
Access Bank Plc yesterday announced it had signed a subordinated syndicated loan agreement for $162.5 million to fund its five-year strategy of becoming Africa’s gateway to the world. A statement from the bank said: “The facility has been arranged by FMO, the Dutch development bank, and is provided together with BIO (Belgian Investment Company … Read more
Guaranty Trust Bank Plc has recorded 9.1 percent increase in its profit before tax which grew to N215.6 billion in the financial year ended December 31, 2018 from N197.7 billion in 2017. The bank disclosed this in its audited financial results for the year ended December 31, 2018 released to Nigerian and London Stock Exchanges. … Read more
Forward-looking Organisations must have real time, cutting edge technology as the fulcrum of its business operations. The Head of ICT for Sovereign Trust Insurance Plc, Mr. Lekan Oguntunde, who made this assertion at the company’s transformation retreat in Lagos, noted that companies must embrace ICT in pushing its operations beyond the shores of the … Read more
Customers of Allianz Nigeria have given the company four star rating across different performance metrics in its first full months as Allianz Nigeria. The company which recently launched in Nigeria said it is leaving no stone unturned in seeking a position of dominance in the local insurance market. Speaking on the development, Head of … Read more
African alliance insurance plc, has unveiled a new corporate brand identity and a new logo with a focus to strengthen its customer service delivery and leverage to digitalization. The new corporate identity marks the company’s first major re brand since its launch in 1960. Its new identity features a new logo and new website, … Read more
The director of Africa Canada Trade Investment Ventures, Mr. Kenneth Oguzie has called on Nigeria government and business owners to explore foreign businesses especially in Canada. He said this in an interview during his visit to Nigeria in preparation for a 2 days summit that is stated to hold in Canada by 23-24th of March, … Read more